Frank J Fogliano

Title: Frank J Fogliano: Innovator in Payment Processing

Introduction

Frank J Fogliano is an accomplished inventor based in Monroe, NY (US). He has made significant contributions to the field of payment processing, holding a total of 2 patents. His innovative work focuses on improving the efficiency and management of recurring payments.

Latest Patents

Frank's latest patents include a method and system for processing recurring payments. This invention involves a computer-implemented method that begins with receiving a payment file from a paying entity. It identifies at least one payee from the payment file and determines the payment amount for that payee based on a pre-existing contract for recurring payments. The system also identifies a payment method from a payee profile and distributes the payment amount accordingly, ensuring that a group manages the recurring payments effectively.

Career Highlights

Frank J Fogliano is currently employed at JPMorgan Chase Bank, N.A., where he applies his expertise in payment processing. His work at this prestigious financial institution allows him to contribute to advancements in financial technology and payment systems.

Collaborations

Throughout his career, Frank has collaborated with notable colleagues, including Dennis J Gniewosz and Paul Gerard Trupia. These partnerships have fostered an environment of innovation and creativity in their projects.

Conclusion

Frank J Fogliano is a notable inventor whose work in payment processing has the potential to transform how recurring payments are managed. His contributions to the field are significant and reflect his dedication to innovation.